Iowa's largest public employee pension fund says $339 million in assets have been frozen pending a federal investigation into an investment broker-dealer it had ties to. Another Stanford/Madoff scandal in the making? When will it stop?
http://www.chicagotribune.com/news/chi-ap-ia-ipers-frozenasset,0,7938175.story
Showing posts with label madoff. Show all posts
Showing posts with label madoff. Show all posts
Monday, February 23, 2009
Thursday, February 12, 2009
Houston's own Stanford Financial Group Enron 2?
seems like 15% returns on CDs seems a bit high! Didn't Bernie Madoff promise 13% returns? Seems like another collapse in the making. I feel sorry for all the Stanford employees in the Houston,Texas Galleria office.
Tuesday, January 13, 2009
Madoff to stay free on Bail
Uncle Bernie to stay in his luxury apartment. CNBC reports the Federal government hopes that by keeping him free he will disclose more evidence that might help the investors recoup additional monies. I say throw him in jail so he can be tazed, sleep on urine stained floors, and be abused by fellow prisoners! Even with all that it will not rise to the level of pain that the victims have incurred. Also, what are we communicating to our children? That it is ok to steal and you will not be punished?
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